2014 LBP to NGN Historical Review

YEARLY HIGH

0.1224 NGN

YEARLY LOW

0.1052 NGN

YEARLY AVERAGE

0.1094 NGN

2014 LBP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LBP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.1224. Conversely, the yearly low was recorded on May 5, dropping to 0.1052.

This high-to-low spread represents a total annual volatility of 0.0172 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1064 to the December average rate of 0.1203, the exchange rate registered a net change of 13.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1224 was up 13.07% compared to the 2013 peak of 0.1083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LBP based on timing:

Yearly Peak High 612 NGN

2013 Average 528 NGN

Yearly Trough Low 526 NGN

Transaction Impact: A difference of 86.13 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1217

0.1050

JanuMarcMayJulySeptNove

LBP to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1079, compared to 0.1108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1079

H2 Avg (Jul–Dec) 0.1108

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0085 NGN (High: 0.1180 / Low: 0.1094). On the other end, July was the most stable month, with a tight range of 0.0009 NGN (High: 0.1079 / Low: 0.1070).

November Spread (Volatile) ±0.0085

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1203) against the same month in 2013 (average: 0.1057), the exchange rate shifted by +0.0146 (+13.80%).

2014 Avg (December) 0.1203

2013 Avg (December) 0.1057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1082	0.1055	0.1064
February	0.1101	0.1080	0.1089
March	0.1099	0.1088	0.1095
April	0.1097	0.1064	0.1075
May	0.1077	0.1052	0.1069
June	0.1084	0.1074	0.1080
July	0.1079	0.1070	0.1073
August	0.1075	0.1064	0.1072
September	0.1085	0.1072	0.1078
October	0.1094	0.1080	0.1088
November	0.1180	0.1094	0.1135
December	0.1224	0.1187	0.1203